Attributed metadata history

Neocloud Prime Intellect Acquires Startup To Speed Up Inference

Neoclouds and so-called inference providers that help app developers run open source models are trying to differentiate themselves in a very crowded market. For instance, one such neocloud, Prime Intellect, which was valued at $1 billion in an equity financing in July, is buying a startup to help it make open models run faster and more cheaply on its Nvidia servers, compared to its rivals.  Prime Intellect, based in San Francisco, is acquiring Moondream, a young developer of open-source models that has fewer than 10 employees, according to Prime Intellect co-founder and CEO Vincent Weisser. (Weisser wouldn’t share the terms of the deal, but Moondream has raised $4.5 million in funding.) San Francisco- and Seattle-based Moondream is best known for an open-source vision-language model for analyzing and understanding images, like identifying boxes in an image of a warehouse or ads in a livestream. But Prime Intellect is largely acquiring the startup for its employees’ skills in writing software to make models run more efficiently, Weisser said.

This record contains metadata and attribution only. It does not host, download, unpack, render, or execute malware samples.